AS Ekspress Grupp refinances bonds, decreasing interest expenses but increasing loan service costs.

From GlobeNewswire: 2025-07-03 03:00:00

AS Ekspress Grupp and AS SEB Pank have signed a loan contract to refinance EUR 5 million bonds from LHV pension funds, extending the deadline to 2030. This move will decrease annual interest expenses by around EUR 150 thousand but increase annual loan service by approximately EUR 340 thousand. The refinancing will also lower the average interest rate of Ekspress Grupp’s financial liabilities, allowing for better preparation for potential new acquisitions and economic challenges. Ekspress Grupp is a leading Baltic media group with various operations including web media content production and ticket sales platforms.



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